Remove resource-center
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5 data prerequisites for carrier predictive freight rating in logistics

FreightWaves SONAR

And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Recognize that not all loads are as lucrative as meets the eye, letting data do the talking Benchmarking may be the first step, but the next focuses on identifying the less-lucrative loads.

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Resources to help deepen your understanding of the freight market

FreightWaves SONAR

Fortunately, hopeful changemakers can look to several resources to broaden their understanding of both the freight market and the industry as a whole. High-frequency data It is a widely accepted truth that data plays an important role in revealing the state of the freight market. port activity.

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What is a routing guide and what are best practices to create one

FreightWaves SONAR

To answer those questions, it is essential to realize that a routing guide is not a singular sheet of paper or limited resource. The action: prioritize carriers within the routing guide based on which are preferred for shipments, depending on origin/destination data. Download the White Paper.

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Enterprise Freight Management: 7 Last-Minute Thoughts to Boost Efficiency

FreightWaves SONAR

Market volatility can significantly impact replenishment lead time for restocking warehouses and distribution centers. Companies that can accurately predict market volatility trends, using indices with reefer data analytics , can ensure that they remain prepared in the event of replenishment issues. Request a SONAR Demo.

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Logistics carbon footprint reduction best practices

FreightWaves SONAR

And ultimately, eliminating the need for excess trucks on the road helps the carrier costs overall and allows for available resource management. Track the data to know when intermodal might be more cost-effective than rail Tracking real-time data proves beneficial to all levels of the transportation industry.

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What Is a Freight Rate Index?

FreightWaves SONAR

And the ability to apply data for meaningful insights is essential. Many enterprises have built unique real-time freight data indices. And it’s time to redefine the freight rate index with tendered, real-time FreightWaves SONAR data. A freight index is a calculation based on industry freight data.

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Unlocking Shipping Potential: The Importance of Effective Fleet Management

Locus

Why Fleet Management Matters for Shippers In the complex sphere of supply chain management, fleet resources remain indispensable and irreplaceable. Furthermore, transportation often represents a significant cost center for shippers, thus elevating the optimization of fleet management to an operational imperative.